Piper Insurance Guide 2022
I recently did a Piper Aircraft Insurance Guide for 2022, estimating rates for each type of operation and actual quotes we have been providing Piper piston aircraft clients. We work with a number of brokers when their clients are taking delivery. So far in 2022 we have seen rates for renewal relatively flat, as compared to 2021.
An easy way to estimate or visualize the premium for a Piper Aircraft is: 1%, 2%, and 3%
- 1% of the hull value for pilots with a Private and Instrument rating and non-commercial flight operations such as a flight school
- 2% of the hull value for pilots with just a Private and working on an Instrument license
- 3% of the hull value for Student Pilots working on a Private Pilot License, also Commercial flight operations like flight schools
I hope this helps!